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305 Arnet St, Ypsilanti, MI, 48198

2beds
1baths
1,030sqft
$150,000
$146price/sqft
$1,206/moest. monthly cost
$48,240/yrincome needed

About This Home

Perfect as a simple fix and flip or anyone looking for some sweat equity. This two-bedroom, one-bath ranch presents a livable home ready for cosmetic improvements. Built in 1962, with 1,030 sqft, this home offers a spacious living room and kitchen and is also equipped with a huge, insulated, two-and-a-half-car garage and spacious backyard. Located only a few mins from Eastern Michigan University and conveniently across the street from Forest Health Medical Center. Just minutes from Hyperion Coffee Co, Arbor Brewing Co, Ypsilanti Food Co-op & the Huron River. Sold AS-IS. Previous offer backed out due to slight disconnection in sewer line and electrical issue that needs to be corrected in order to run HVAC.

Getting Around

57
WalkingSomewhat Walkable
43
TransitSome Transit
59
BikeBikeable

Schools

1/10
Erickson ElementaryGrades 1-61.0 mi
2/10
AC Tech High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1962

Materials

  • Foundation: Basement,Block
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Free Standing Gas Range,Free Standing Refrigerator

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area above ground: 1,030

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 1,030 sqft

Kitchen

  • Level: Entry
  • Area: 150
  • Dimensions: 15 X 10

Laundry

  • Level: Basement
  • Area: 100
  • Dimensions: 10 X 10

Other

  • Level: Entry
  • Area: 48
  • Dimensions: 8 X 6

Primary Bedroom

  • Level: Entry
  • Area: 140
  • Dimensions: 14 X 10

Property

Details

  • Parcel number: 111110345011
  • Special condition: Short Sale No,Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: GroundLevelwSteps
  • Pool features: None

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 55.00 x 122.00

Parking

  • Total spaces: 2.5
  • Parking features: Twoand Half Car Garage,Detached
  • Has garage: Yes
  • Attached garage spaces: 2.5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Tornado

FEMA Declared Disasters in Washtenaw County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $758$9,096
Home Insurance *$78$936
Property Taxes $182$2,184
Electricity $188$2,259
Total$1,206$14,472
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,348/yr
40% on housing$36,180/yr
45% on housing$32,160/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$146This listing

vs Other Active Listings

Avg $/sqft

ZIP 48198$142
Washtenaw County$227

vs Homes Sold Last Month

Median $/sqft

ZIP 48198$189
Washtenaw County$214

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-17Price change$125,000
2026-07-30Price change$150,000
2026-07-21Price change$155,000
2026-07-08Listed for sale$165,000
2016-05-05Sold$64,890
2016-03-09Pending sale$63,000
2015-11-16Price change$63,000
2015-10-08Price change$69,900
2015-08-08Listed for sale$75,000

For Sale by Agent

AgentDaniel Ericksen
BrokerageO'Connor Realty Detroit, LLC

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